Inventory Management Optimization Of Kampala Warehouse Of ST Company

With the advance of economic globalization,more and more domestic enterprises are going overseas for market expansion,and the demand for overseas warehouse construction is developing rapidly.Overseas warehouse inventory management in addition to the common problem,also faces long transport time and uncertain arrival of time problems that are caused by cross-border trade.Therefore,how to effectively manage the inventory problem of overseas warehouse is an issue that enterprises need to focus on.This paper takes ST Company as an example to carry out a series of studies on its warehouse in Kampala,Africa.This paper investigates the problems exposed by Kampala warehouse in actual operation,which mainly includes two aspects:the outsourcing best sellers and the overstock of old products.The two problems are analyzed by means of fishbone diagram and summed up in four aspects:inaccurate demand forecast,unreasonable inventory classification,unscientific ordering strategy and late information transfer.The third chapter gives the method of the demand forecast of Kampala warehouse.Respectively using the moving average method,exponential smoothing,as well as the ARIMA model to forecast the T2 STB,and compare the prediction results with the real value,to determine the most suitable forecast method for predicting T2 set-top box sales.In the fourth chapter,the inventory optimization solution of Kampala warehouse is proposed.An improved clustering algorithm based on information entropy is proposed based on the established inventory classification index system of Kampala,and the inventory is classified scientifically.On this basis,the corresponding inventory management strategies are developed for different types of inventory.According to the inventory of class A,the purchasing strategy of fixed order is established.As for class B and C inventory,the strategy of regular ordering is established.For inactive stock,an inactive inventory management system is established.At the end of the chapter,the effect of inventory optimization is verified.The fifth chapter puts forward improvement Suggestions for the company's inventory management from the level of ST Company.It mainly includes establishing information management platform to realize real-time transmission of information such as inventory and sales.Implementation of cross-regional replenishment strategies to reduce system redundancy in African regional stocks and to establish an improved inventory performance appraisal mechanism to standardize and mobilize employees' enthusiasm.The inventory problem solving measures proposed in this paper not only have strong practical significance for ST Company,but also have certain reference value for domestic enterprises of the same type.